Multiple Job Holding, Local Labor Markets, and the Business Cycle* About 5 percent of U.S. workers hold multiple jobs, which can exacerbate or mitigate employment changes over the business cycle. Theory is ambiguous and prior literature is not fully conclusive. We examine the relationship between multiple job holding and local unemployment rates using a large Current Population Survey data set ...

This paper studies worker flows dynamics in Japan for the period between 1980 and 2009. We construct gross worker flows data from the monthly Labour Force Survey. Our data enables us to examine the size and cyclical patterns of the flows and transition rates between the states of employment, unemployment, and not-in-the labor force. We find that the cyclical pattern of worker flows is similar t...

Unemployment, or worklessness, is firmly on the agenda of various Western countries. Although other challenges to citizens' well-being are being identified, as increasing labour market insecurities and rising poverty rates, the problem of non-work is given the main public attention. Even countries with no experience of high unemployment rates, such as Norway, have recently introduced welfare re...

For Britain, during the long period Phillips studied, an unemployment rate of about 2.5% was associated with a rise in wages of about 2% each year. Allowing for productivity growth, that was roughly consistent with stable prices. By and large, higher rates of unemployment were observed when prices were falling; lower rates were observed when prices were rising. The lower the rate of joblessness...

In this paper, we examine how county unemployment rates affect consumers’ delinquency and bankruptcy behavior by focusing on the credit card market. In particular, after controlling for credit supply and shocks like divorce and health coverage we investigate whether consumer propensity for delinquency and bankruptcy changes with respect to the macroeconomic fluctuations across counties. Our res...

AIMS AND METHOD To examine the vocational status of people with longer-term mental health problems in the inner London Borough ofWandsworth. Data collected over 10 years on1April each year as part of an annual census of adults with longer-term mental health problems using community mental health and rehabilitation teams were analysed to examine the vocational status of these groups. RESULTS Wit...

Why Does Unemployment Hurt the Employed? Evidence from the Life Satisfaction Gap between the Public and the Private Sector * High rates of unemployment entail substantial costs to the working population in terms of reduced subjective well-being. This paper studies the importance of individual economic security, in particular job security, in workers’ well-being by exploiting sector-specific ins...

The paper elucidates the relationship between housing tenure, regional mobility and unemployment. It develops a model that can explain the paradoxical empirical regularity that higher owner occupation rates are associated with higher levels of unemployment although homeowners tend to be unemployed less often. The choice of housing tenure affects moving costs and thereby regional mobility and un...

Continuous-time hazard models are estimated from register-based birth, migration, education and unemployment histories for the complete Norwegian population, linked with aggregate data for municipalities. The data cover the period 1991-98. First-birth rates are slightly higher among women who had been unemployed twelve months before than among others, whereas higher-order birth rates are slight...

BACKGROUND  Studies have identified employment as a protective factor against suicide. We examined employment status and risk of suicide in Ireland during the 11-year period 1996-2006, a period of economic boom commonly known as the Celtic Tiger.  METHODS  Data relating to the 5270 suicides and 789 deaths of undetermined intent registered as occurring in Ireland in 1996-2006 and relevant popu...